Redbull Scion Arrested After Fatal Ferrari Crash

9/6/2012 5:15AM

Vorayuth Yoovidhya, grandson of the founder of Red Bull energy drinks, was arrested on suspicion of being involved in a hit-and-run accident while driving his Ferrari. The WSJ's Deborah Kan speaks to company news editor Mariko Sanchanta.

This transcript has been automatically generated and may not be 100% accurate.

... the ... sign of the founder of Red Bull energy drink has been arrested in a hit and run accident in Thailand joining me now is Marty Cosan tented ... is a company news editor for The Wall Street Journal a cake plate that we know that grandson was driving a Ferrari at the time of how Izzy implicated in an accident ... said of what happened was in the evening of September Thursday was having a great Ferrari ... he hit a police officer ... and allegedly dragged him for about ninety meters and sped off ... to go back home ... aam initially this is a hit and run to know when you read it it's ... odd to cover up on the driver of the family this is that ... YouTube he'd have family there one of the richest families in Thai Thailand the driver was initially implicated ... but then the police chief ... showed you know they they basically said we can cover this up ... a police officer has died in this ... on and so he did Branson has been arrested ... on and now he's on bail for about fifteen thousand US dollars at a Red Bull I actually didn't even realize it was a Thai company yet ... to begin with but ... just how common it is this family in Thailand and how richer than ... I mean they're one of the richest families in Thailand the grandfather who started the Red Bull empire which now has been estate holdings and ... they also have a frame for a license in Thailand ... on the day he allegedly has a network for about five billion dollars this is according to for so ... you know they are feeling the top one percent of all families in Thailand and a ... they are enormously influential and well connected ... to the day and they're at MS acts as you mentioned was initially covered at the end and until police uncovered more D tells about it any sense and ... how much that it can be created ... how much of a jail term or sentence he intensely concert ... well this is what's getting extremely controversial so ... you know this news has been all over the social media sphere and Bangkok in Thailand people are saying that's ... basically the grandson although he has been arrested ... that he's not can serve any jail Time Viennese twenty seven years old this is his first arrest for his conviction ... obviously it was just on her and this evening when wrong for him ... and I'm a lot of people of the social observers are saying that he's not can it get any jail time whatsoever just to get away with a stop on the wrist basically a familiar story as a share but one thing that we were discussing earlier which is an purely coincidence is there's been a lot and ... incidents involving a Ferrari is sad cut across the AsiaD right ... the common theme here you know it's that the son of a very powerful men driving these very expensive fast cars so ... it's been a bad year for Ferrari in Asia ... um started when we heard about new spoke one five the son of Bo Xilai Hui allegedly drove a Ferrari now he disputed that if it was in a Ferrari but that's when these initially came out ... um there was a big ... car crash in Singapore also by a Chinese national a deadly car crash there ... involving a Ferrari ... and were just kidding news reports in Hong Kong the sleeker saying that ... there was the son of a Chinese official ... aam who was killed in a furry accident involving two other women ... get news of this case is still a bit nebulous and it's coming out now but ... certainly Ferrari is getting a bad name here that is the current that you know ... that these which are the sons of the tycoons to try and then just ... to ... get a more of a star a joke by your son or daughter for a fact I ... think they match my decaf